Friday 20 May 2016

Lupin plunges 7% after Q4 results

Lupin posted a net profit after taxes and minority interest of Rs.8070.80 mn for the quarter ended March 31, 2016 whereas the same was at Rs.5470.10 mn for the quarter ended March 31, 2015.

Lupin Ltd was lower by 7% at Rs.1544. Lupin posted a net profit after taxes and minority interest of Rs.8070.80 mn for the quarter ended March 31, 2016 whereas the same was at Rs.5470.10 mn for the quarter ended March 31, 2015. 


Total income came in at Rs.42065.90 mn for the quarter ended March 31, 2016 whereas the same stood at Rs.30953.50 mn for the quarter ended March 31, 2015.

The scrip opened at Rs. 1620 and has touched a high and low of Rs. 1627.5 and Rs. 1525.35 respectively. So far 2609249(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 74626.38 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127 on 06-Oct-2015 and a 52 week low of Rs. 1294.05 on 29-Mar-2016. Last one week high and low of the scrip stood at Rs. 1688 and Rs. 1572.6 respectively.

The promoters holding in the company stood at 46.52 % while Institutions and Non-Institutions held 42.27 % and 11.22 % respectively.

The stock is currently trading below its 200 DMA.

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